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Handbag, Luggage & Accessory Stores in Connecticut

Author.Name IBISWorld United States Last Updated: April 2025 NAICS CT44833

Handbag, Luggage & Accessory Stores in Connecticut industry analysis

The Handbag, Luggage & Accessory Stores industry in Connecticut is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x% during the same period. Industry establishments decreased an annualized -x.x% to xxx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xxx locations. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Handbag, Luggage & Accessory Stores in Connecticut Market Research Report

What’s Included in the Handbag, Luggage & Accessory Stores in Connecticut Market Research Report

Definition of the Handbag, Luggage & Accessory Stores in Connecticut?

This industry includes specialty retailers that primarily sell handbags, luggage, costume jewelry and clothing accessories, like hats, wallets and neckwear. Stores in this industry may also sell apparel or footwear, but sales from these products are not included in the industry.

What’s included in the Handbag, Luggage & Accessory Stores in Connecticut?

The Handbag, Luggage & Accessory Stores in Connecticut includes men's accessories, women's accessories, costume and novelty jewelry, luggage and leather goods and other clothing accessories. Related terms covered in the Handbag, Luggage & Accessory Stores in Connecticut industry report includes the generation born in the post-world war ii era, the generation following the baby-boomer generation, individuals who were born to baby boomers and follow generation x, subcontracting process in which manufacturing is conducted by a third-party company, either locally or internationally, a theory proposed by leonard lauder, of estée lauder, which states that consumers will purchase lower-cost luxuries rather than higher-priced luxuries in times of economic uncertainty and shoppers who aspire to purchase high-end luxury goods, but limit their budget to about an estimated $300.00, thereby purchasing small-ticket items like such as purses and accessories.

Industry Performance of the Handbag, Luggage & Accessory Stores industry in Connecticut

Benchmark the Handbag, Luggage & Accessory Stores in Connecticut industry performance with all CT county and national performance.

Handbag, Luggage & Accessory Stores in Connecticut

#27 in Highest Revenue 0.2% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Handbag, Luggage & Accessory Stores in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Handbag, Luggage & Accessory Stores industry in Connecticut

See how key industry drivers, such as population, median houshold income, house price index, consumer spending, per capita disposable income and inbound trips by non-us residents are impacting Handbag, Luggage & Accessory Stores in Connecticut

Connecticut Economic Indicators

Population
Median Houshold Income
House Price Index

View more economic information in CT State Economic profile

US Key External Drivers

Consumer spending
Per capita disposable income
Inbound trips by non-US residents

For the full list of industry drivers, see report purchase options.

County Data of the Handbag, Luggage & Accessory Stores industry in Connecticut

Access proprietary data on county in the Handbag, Luggage & Accessory Stores in Connecticut, such as Fairfield County, Hartford County and New Haven County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Handbag, Luggage & Accessory Stores industry in Connecticut

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Handbag, Luggage & Accessory Stores industry in Connecticut in 2025?

The market size of the Handbag, Luggage & Accessory Stores industry in Connecticut is $83.1m in 2025.

How many businesses are there in the Handbag, Luggage & Accessory Stores industry in Connecticut in 2025?

There are 556 businesses in the Handbag, Luggage & Accessory Stores industry in Connecticut, which has been declining at an average annual rate of -0.2% from 2020 to 2025.

Has the Handbag, Luggage & Accessory Stores industry in Connecticut grown or declined over the past 5 years?

The market size of the Handbag, Luggage & Accessory Stores industry in Connecticut has been growing at an average annual rate of 4.5% from 2020 to 2025.

How many employees in the Handbag, Luggage & Accessory Stores industry in Connecticut in 2025?

There are 1,224 employees in the Handbag, Luggage & Accessory Stores industry in Connecticut, which has been declining at an average annual rate of -6.2% from 2020 to 2025.